Loan to Buy Kohr Bros Frozen Custard Franchise Issued By Sterling Bank

Borrowing money to buy a Kohr Bros Frozen Custard franchise? Sterling Bank has a history of making these loans and they are guaranteed by the SBA.

Kohr Bros Frozen Custard franchise loans are available to Friendswood, Texas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Sterling Bank, based in Houston, Texas, issued an SBA franchise loan for a Kohr Bros Frozen Custard franchise in 2002. We've got all the details on this Texas small business loan.

SBA Loan Borrower

KOHR BROTHERS FROZEN CUSTARD A
FRIENDSWOOD, TX 77546

SBA Loan Lender

STERLING BANK
2550 N LOOP WEST
HOUSTON, TX 77092

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

445299 - Specialty Food Stores

Loan Approval Date

11/14/2002

Loan Approval Gross Amount

$164,000

Loan Approval from the SBA

Of the total $164,000 loan amount, the SBA guaranteed $123,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Kohr Bros Frozen Custard franchise. At the time of the loan, the company had 3 employees. The loan application indicated that the loan would help generate 5 new jobs.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans provide smart, affordable business financing for small businesses looking to expand.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.

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